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Home›News›Qatar Petroleum and Shell announce formation of joint venture company
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July 12, 2007 · about 19 years ago

Qatar Petroleum and Shell announce formation of joint venture company

Today Qatar Petroleum (QP) and Royal Dutch Shell plc (Shell) announced the incorporation of Qatar Liquefied Gas Company Limited (4), a joint venture between an affiliate of QP (70%) and an affiliate of Shell (30%), which will own the Qatargas 4 project’s onshore and offshore assets. At the same even

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Today Qatar Petroleum (QP) and Royal Dutch Shell plc (Shell) announced the incorporation of Qatar Liquefied Gas Company Limited (4), a joint venture between an affiliate of QP (70%) and an affiliate of Shell (30%), which will own the Qatargas 4 project’s onshore and offshore assets. At the same event, this newly formed joint venture company signed a sale and purchase agreement (SPA) with a Shell affiliate as buyer of all the LNG volume produced by this large-scale project.

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